Good morning everyone!

The market sell-off continues, nothing new has been invented.

But today there is a nuance.
By 11:00 MSK, a very large options expiration is happening:

BTC — max pain $95 000, notional $23.3 billion
ETH — max pain $3 000, notional $3.7 billion

So until the expiration, the market can do anything —
pulling, shaking out, returning back, classic genre.

After that — it will become clearer,
until then, any movements are better perceived as noise.

Levels remain the same for now, the post with the breakdown is still relevant.